Hints and tips:
...The broad S&P 500 index fell as much as 1.8 per cent on Wednesday morning, but recovered the bulk of its losses to close the day 0.2 per cent lower....
..., caught our eye: Last year, we thought that the S&P 500’s bear market might have bottomed at 3,666 on June 16, when sentiment was as bearish as it was when the index bottomed at 666 on an intraday basis...
...The prospect of rising interest rates and slowing growth creates an “anti-Goldilocks” scenario for global markets, said Hani Redha, a multi-asset strategist at PineBridge Investments....
...“We were overdue a bear market rally, as being down for 10 out of 11 weeks is a bit extreme,” said Hani Redha, multi-asset portfolio manager at PineBridge Investments....
...Futures markets implied Wall Street’s S&P 500 equity benchmark, which has fallen more than a fifth from its January peak, would gain 1.9 per cent at the New York opening bell....
...The S&P 500 share index ended the day 1.9 per cent higher, but remained down roughly 1 per cent for the week....
...The All-World, S&P and Nasdaq Composite have all closed lower for six consecutive weeks....
...“The [stock] market was under pressure already, with geopolitical tensions now adding to that,” said Hani Redha, global multi-asset manager at PineBridge Investments....
...The broader S&P index closed 2.8 per cent lower....
...The broad-based S&P 500 stock index rose 0.9 per cent, while its information technology sub-index gained 1.2 per cent....
...A closely watched index collated by Goldman Sachs that tracks the returns of lossmaking tech groups is down 9.8 per cent this year, trailing the 1.4 per cent fall by the benchmark S&P 500....
...Or, as Hani Redha, a portfolio manager at PineBridge Investments, put it: “Spec-tech is getting wrecked.” An early contender for markets quote of the year, there....
...In equity markets, the blue-chip S&P 500 index rose 0.4 per cent, capping off the week with its best weekly performance since June....
...In Asia, Japan’s Topix shed 0.6 per cent, the Kospi 200 in South Korea fell 2.4 per cent, while the S&P/ASX 200 in Australia dipped 0.8 per cent....
...Solid earnings results had also helped to underpin the rise in bourses this week, said Hani Redha, portfolio manager at PineBridge Investments....
...Wall Street’s S&P 500 index rose 0.7 per cent to close at a record high of 3,915.59 as equities rallied into the close....
...In Asia, China’s CSI 300 closed up 1.3 per cent and Australia’s S&P/ASX 200 rose 0.3 per cent....
...Wall Street’s benchmark S&P 500 index ended the day up 1.2 per cent while the Russell 2000 of US small-cap stocks — seen as a barometer of the domestic economy — also closed at a record....
...But Amany S Abu AlQumboz, a Palestinian living in Gaza, had to overcome other hurdles before reaching that stage — such as finding a way out of her homeland, which does not have an airport....
...RBS’s latest bond of this type, with a rating of single B from S&P, pays a coupon of 8.625 per cent....
...Emerging Market Index up +0.34% at 925.20 Europe FTSE up +0.49% at 6,453 RTS up +0.09% at 1,282 Warsaw Wig down -0.27% at 45,489 FTSE 300 Eurotop down -0.01% at 1,179 Americas DJIA up +0.38% at 14,989 S&...
...SGX of Singapore has announced a S$250m investment in what will be one of the world’s fastest securities trading engines....
International Edition